Match the Disciplinary Perspective with the Insights That They Have

question 59

Multiple Choice

Match the disciplinary perspective with the insights that they have provided into entrepreneurship or the methods that they have used
-The focus is on individual human beings, with a focus on what makes people entrepreneurial and the actions associated with being entrepreneurial.

• A) Business history
• B) Psychology and behavioural studies
• C) Economics
• D) Sociology, human geography and anthropology

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Definitions:

Units of Production

A depreciation method that allocates the original cost of an asset over its total estimated production capacity.

Direct Materials Cost Variance

The difference between the actual cost of direct materials used in production and the standard cost of those materials.

Direct Materials Quantity Variance

The difference between the actual amount of direct materials used in production and the expected amount, based on standards, multiplied by the standard cost per unit.

Variable Costs

Expenses that fluctuate in direct proportion to the amount of production or sales, including items like labor and materials.